Coupled by factors such as environmental concerns, focus on renewable energy resources, government subsidies and the presence of abundant biomass; the biomass gasification market is expected to witness strong growth in the coming years.
Gasification is one of the promising and new technologies for generating electricity from solid fuels or biomass such as wood, organic-waste and agricultural residues. The biomass gasification process uses heat, pressure and partial combustion which occurs when the air supply (O2) is less than adequate for the combustion to be completed. The utilisation of biomass energy can provide dual benefits: reduces carbon dioxide (CO2) emission and increases fuel security, as it is usually produced locally. There are several other advantages of generating electricity through biomass gasification.
Some of the advantages are:
Available everywhere: Biomass based power can be made available anywhere and is quite promising for remote villages which have no access to grid but have large amounts of biomass
Rural economic upliftment: There is a growing trend in which companies are exploring the use of dedicated energy crops for biomass power production, which ensures a reliable biomass supply chain and provides employment for the rural masses
• Carbon neutral: Unlike coal and other forms of fossil fuels, which add carbon in the atmosphere when burnt, biomass energy generation results in no new carbon emission or pollution
• Efficient utilisation of renewable biological sources: Biomass power generation is a efficient process to utilise animal and agriculture wastes
• Large variety of feedstock: A large variety of feedstock such as wood pellets, rice husk, bagasse, etc. can be used to generate biomass energy
• Reduces methane: Using biomass for generating energy reduces the level of methane in the atmosphere. Methane is responsible for the greenhouse effect and with the production of biomass energy, the gas levels are lowered.
• Low cost resource: Biomass power can be produced economically compared to the costs of grid power if there is a good availability of feedstock
• Advantages over other renewable energy sources: Unlike wind or solar power generation which depend upon the amount of sunlight or wind available, energy from biomass is not intermittent.
The recent focus on renewable energy resources and environmental concerns is driving the market for biomass electricity. Although there are several challenges, this market has grown at a CAGR of around 8.4% during the last 5 years. Recognising the prospects of exploiting the market for generating electricity through the process of biomass gasification, IMARC Group has released a new report titled, "Biomass Gasification Plant Project Report: Industry Trends, Gasification Process, Machinery, Raw Materials, Cost and Revenue". The report states that currently Europe represents the biggest market for biomass electricity production, followed by North America. Analysts predict that China, Brazil and India also have huge potentials for this market.
This report provides a comprehensive understanding of the biomass gasification market and gives an insight into the factors that need to be analysed while setting up a biomass gasification plant. These factors include:
• Market trends
• Key players
• Key risk and success factors
• Process flow
• Various types of unit operations involved
• Land, location and site development requirements
• Plant layout
• Plant machinery requirements
• Raw materials, utilities and manpower requirements
• Capital investments
• Operating costs
• Incomes and expenditures of the plant
• Cash flows
To buy the complete report and know more about the feasibility of setting-up a biomass gasification plant, please visit: http://www.imarcgroup.com/biomass-gasification-plant